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16 Jan 24
Ratings agency delivers its own ‘Blue Monday’ warning post-Covid recovery facing risks including war.
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9 Jan 24
Six advanced economies have confirmed a three-year suspension of debt servicing costs to Ukraine and urged other creditors to follow suit.
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9 Jan 24
Higher borrowing costs and slower economic growth will likely see the Hungarian government fail to reduce its debt this year under current plans, the nation’s fiscal council has warned.
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12 Dec 23
Daily fines the European Court of Justice has imposed on Poland are incompatible with the nation’s constitution, a Polish body has ruled.
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28 Nov 23
Pandemic costs ruling leads to €45bn in extra spending.
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24 Nov 23
Court ruling forces rethink on official accounts.
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23 Nov 23
The European Commission has agreed to an advance payment of €5bn from Poland’s Covid-19 recovery plan, but future funding depends on rule-of-law reforms.
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20 Nov 23
Economy is strong with forecast GDP growth of 2% a year.
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20 Nov 23
Partnerships with countries not ‘closed shop’ says FCDO.
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17 Nov 23
Germany cannot use €60bn carried over from previous years to fund clean energy and industrial projects, following a ruling by the country’s constitutional court.
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14 Nov 23
The European Union’s executive often takes a kinder view of what it achieves through its budget than the bloc’s spending watchdog, the latter has said.
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10 Nov 23
Substantial progress on judicial and anti-corruption reforms has prompted the European Commission to recommend accession negotiations with Ukraine and Moldova.
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2 Nov 23
Health and wellbeing boosted by employment changes.
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24 Oct 23
Reform could push Romania’s national income up by nearly three times in 30 years, and it can do so while the government continues to meet its climate targets, the World Bank has insisted.
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18 Oct 23
The European Union has affirmed its ambition to increase climate finance for developing nations ahead of the United Nations’ annual summit.
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13 Oct 23
Two European countries will put surplus revenues into wealth funds, hoping to make current windfalls and fiscal discipline contribute to future sustainability.
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6 Oct 23
Costs associated with climate change could hit Irish public finances by at least €6bn a year from 2030 onwards, its fiscal advisory council has warned.
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3 Oct 23
The European Commission has agreed to more than double Spain’s recovery and resilience plan to increase investment in sustainability and renewable energy.
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2 Oct 23
Forecast budget surpluses and a steady decrease in government debt were key contributors to an upgrade in Cyprus’s credit rating, Moody’s has said while announcing the change.
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26 Sep 23
Proposals to reduce the French government’s deficit by 2027 are “unambitious” and risk being out of step with other European Union nations, its spending watchdog has warned.
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20 Sep 23
Spain’s July general election left the country in a state of uncertainty.
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19 Sep 23
Sustained progress on reforms and resilient growth expectations were key contributors to an upgrade in Greece’s credit rating, moving the nation closer to recovering its investment grade rating,...
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12 Sep 23
Next year’s budget will see Sweden increase its military spending by more than a quarter as the government responds to its “serious security situation” in the wake of Russia’s aggression in Ukraine...
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5 Sep 23
High inflation and a lower-than-expected grant allocation have prompted the Croatian government to propose €4bn additional support from the European Union to fund its post-pandemic recovery programme...
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22 Aug 23
Wartime corruption poses a threat to Ukraine’s survival and officials are working to target “truly top officials” engaging in graft, the chief of the country’s anti-corruption agency said.